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Waterstone Financial, Inc. (WSBF)

Financial Services | Banks - Regional | Wauwatosa, United States | NasdaqGS
21.07 USD
After hours: 21.07

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 6:02 a.m. EDT

Waterstone Financial presents a classic case of a company caught between solid operational improvements and a stubbornly depressed share price. Fundamentally, the business is showing signs of life: net interest margins have expanded to 3.03%, the highest level since 2022, and quarterly earnings grew by 9.5%. The balance sheet remains healthy with a payout ratio of just 36%, suggesting ample room to sustain or grow the dividend. However, the long-term price trajectory tells a different story; despite four years of positive annual returns, the stock is still down nearly 12% over the last nine years, failing to recover from the deep losses seen in 2023. This disconnect suggests the market remains skeptical about the durability of these margin expansions or fears hidden liabilities in the regional banking sector. While the dividend yield of 3.05% is attractive and sustainable, it is likely compensating for the lack of capital appreciation rather than driving it. With the stock trading near its 52-week highs, there is limited immediate upside catalyst, making it a neutral hold until the price action confirms a sustained recovery beyond the current resistance levels.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.054061
AutoARIMA0.061321
AutoETS0.061322
MSTL0.062618

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 50%
H-stat 7.00
Ljung-Box p 0.000
Jarque-Bera p 0.660
Excess Kurtosis -0.65
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-07
Last Dividend Date 2026-07-07
Revenue per Share 8.651
Market Cap 378,775,968
Trailing P/E 12.18
Forward P/E 20.86
Beta 0.71
Profit Margins 20.00%
Website https://www.wsbonline.com

As of Aug. 22, 2026, 6:02 a.m. EDT: Options activity is virtually dormant with negligible volume and open interest across both calls and puts. Implied volatility is extremely low, indicating a lack of speculative positioning or hedging demand. The market appears indifferent to near-term directional moves.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.88% 3.70% 4.43% 4.97%
Dividend History
Date Dividend Yield %
2026-07-08 0.17 0.878553
2026-04-08 0.17 0.926430
2026-01-08 0.15 0.892857
2025-10-08 0.15 0.997340
2025-07-08 0.15 1.080692
2025-04-08 0.15 1.219512
2025-01-08 0.15 1.186709
2024-10-08 0.15 1.088534
2024-07-08 0.15 1.181102
2024-04-05 0.15 1.335708
2024-01-05 0.15 1.083815
2023-10-05 0.15 1.420454
2023-07-07 0.20 1.380262
2023-04-06 0.20 1.356852
2023-01-06 0.20 1.158078
2022-10-06 0.20 1.215805
2022-07-08 0.20 1.175088
2022-04-08 0.20 1.084599
2022-01-07 0.70 3.215434
2021-10-07 0.20 0.977995
2021-07-09 0.20 1.030928
2021-06-10 0.50 2.496256
2021-04-09 0.20 0.959233
2021-01-08 0.20 1.058761
2020-11-30 0.30 1.707456
2020-10-08 0.12 0.730371
2020-07-10 0.12 0.883652
2020-04-08 0.12 0.900901
2020-03-10 0.50 3.067485
2020-01-09 0.12 0.650759
2019-10-10 0.12 0.700525
2019-07-11 0.12 0.710480
2019-04-11 0.12 0.737101
2019-03-20 0.50 3.069368
2019-01-09 0.12 0.715990
2018-10-11 0.12 0.722456
2018-07-11 0.12 0.693642
2018-04-11 0.12 0.693642
2018-03-08 0.50 2.906977
2018-01-11 0.12 0.679887
2017-10-11 0.12 0.618557
2017-07-10 0.12 0.643432
2017-05-10 0.50 2.631579
2017-04-10 0.12 0.672269
2017-01-06 0.12 0.650406
2016-10-06 0.08 0.473653
2016-07-08 0.08 0.514801
2016-04-08 0.05 0.363372
2016-01-07 0.05 0.360750
2015-10-07 0.05 0.368732
2015-07-08 0.05 0.380517
2015-04-08 0.05 0.390930
2015-01-08 0.05 0.384025
2014-10-08 0.05 0.418410
2014-07-09 0.05 0.446030
2014-04-09 0.05 0.490677
Additional Data
dividendRate 0.64
dividendYield 3.04
exDividendDate 2026-07-08
trailingAnnualDividendRate 0.64
trailingAnnualDividendYield 0.03037494
lastDividendValue 0.17
lastDividendDate 2026-07-08
dividendDate 2026-08-03

Info Dump

Attribute Value
52 Week Change 0.4226874
Address1 11,200 West Plank Court
All Time High 22.74
All Time Low 1.567627
Ask 27.2
Ask Size 2
Audit Risk 8
Average Daily Volume10 Day 62,390
Average Daily Volume3 Month 72,040
Average Volume 72,040
Average Volume10Days 62,390
Beta 0.712
Bid 21.27
Bid Size 2
Board Risk 3
Book Value 20.043
City Wauwatosa
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 21.07
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 21.41
Day Low 21.0
Display Name Waterstone Financial
Dividend Date 1,785,715,200
Dividend Rate 0.64
Dividend Yield 3.04
Earnings Growth 0.141
Earnings Quarterly Growth 0.095
Earnings Timestamp 1,784,836,800
Earnings Timestamp End 1,792,699,200
Earnings Timestamp Start 1,792,699,200
Ebitda Margins 0.0
Enterprise To Revenue 4.996
Enterprise Value 751,732,224
Eps Forward 1.01
Eps Trailing Twelve Months 1.73
Esg Populated 0
Ex Dividend Date 1,783,468,800
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.3374
Fifty Day Average Change 0.73259926
Fifty Day Average Change Percent 0.03602227
Fifty Two Week Change Percent 42.26874
Fifty Two Week High 21.5
Fifty Two Week High Change -0.4300003
Fifty Two Week High Change Percent -0.020000014
Fifty Two Week Low 14.52
Fifty Two Week Low Change 6.549999
Fifty Two Week Low Change Percent 0.45110187
Fifty Two Week Range 14.52 - 21.5
Financial Currency USD
First Trade Date Milliseconds 1,128,519,000,000
Five Year Avg Dividend Yield 4.58
Float Shares 15,679,413
Forward Eps 1.01
Forward P E 20.861385
Full Exchange Name NasdaqGS
Full Time Employees 593
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 21.07
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits 150,479,008
Has Pre Post Market Data 1
Held Percent Insiders 0.1872
Held Percent Institutions 0.55685
Implied Shares Outstanding 17,977,028
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,783,468,800
Last Dividend Value 0.17
Last Fiscal Year End 1,767,139,200
Last Split Date 1,390,435,200
Last Split Factor 10,972:10000
Long Business Summary Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, such as checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; investable funds solutions, such as savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities comprising mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage obligations, municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.
Long Name Waterstone Financial, Inc.
Market us_market
Market Cap 378,775,968
Market State CLOSED
Max Age 86,400
Message Board Id finmb_3027375
Most Recent Quarter 1,782,777,600
Net Income To Common 30,098,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 378,775,979
Open 21.01
Operating Cashflow 44,744,000
Operating Margins 0.26646
Overall Risk 5
Payout Ratio 0.3584
Phone 414 761 1000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 21.07
Post Market Time 1,787,947,805
Previous Close 21.07
Price Hint 2
Price To Book 1.0512398
Price To Sales Trailing12 Months 2.517135
Profit Margins 0.20001
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 21.41
Regular Market Day Low 21.0
Regular Market Day Range 21.0 - 21.41
Regular Market Open 21.01
Regular Market Previous Close 21.07
Regular Market Price 21.07
Regular Market Time 1,787,947,200
Regular Market Volume 63,516
Return On Assets 0.013350001
Return On Equity 0.08691
Revenue Growth 0.052
Revenue Per Share 8.651
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 9
Shares Outstanding 17,977,028
Shares Percent Shares Out 0.022
Shares Short 396,115
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 317,146
Short Name Waterstone Financial, Inc.
Short Percent Of Float 0.026800001
Short Ratio 6.45
Source Interval 15
State WI
Symbol WSBF
Total Cash 47,701,000
Total Cash Per Share 2.654
Total Debt 420,700,000
Total Revenue 150,479,008
Tradeable 0
Trailing Annual Dividend Rate 0.64
Trailing Annual Dividend Yield 0.03037494
Trailing Eps 1.73
Trailing P E 12.179191
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.2946
Two Hundred Day Average Change 2.7754002
Two Hundred Day Average Change Percent 0.15170598
Type Disp Equity
Volume 63,516
Website https://www.wsbonline.com
Zip 53,226